News Releases

PBO estimates additional carbon pricing of up to $239 per tonne needed to hit Paris target in 2030

The Parliamentary Budget Officer (PBO) today released an updated analysis of the additional carbon pricing needed to achieve Canada’s greenhouse gas emissions (GHG) target in 2030 under the Paris Agreement. 

Fed’s spending on Innovation Superclusters Initiative falling below target, says PBO

The Parliamentary Budget Officer (PBO) today released a report that summarizes a few key early results of the federal government’s Innovation Superclusters Initiative (ISI).

PBO calls for increased transparency from Crown Corporations in reporting of COVID-19 financial supports

The Parliamentary Budget Officer (PBO) today released a report that summarizes the federal package of COVID-19 liquidity support programs provided through five federal Crown corporations: The Bank of Canada, Farm Credit Canada, Export Development Canada, Business Development Bank of Canada, and Canada Mortgage and Housing Corporation.

Permanent hit to the Canadian economy from pandemic and lower oil prices; Federal debt ratio elevated but stable under current policy, says PBO

The Parliamentary Budget Officer (PBO) today released his latest Economic and Fiscal Outlook.  The report incorporates announced federal budgetary measures as of September 1, 2020 and does not reflect any of the commitments made in the recent Speech from the Throne.

Growth in federal personnel spending due to increases in compensation, not hiring: PBO

The Parliamentary Budget Officer (PBO) today launched a new interactive online tool for analyzing federal government personnel expenditures, releasing his key findings in complementary report.

Limits in the growth of Equalization payments net feds $14.5B over 10 years, says PBO

The Parliamentary Budget Officer (PBO) today released his assessment of federal transfers to provincial and territorial governments over the last decade under the three largest programs:  the Canada Health Transfer (CHT), the Canada Social Transfer (CST) and Equalization.

PBO releases latest tally of federal infrastructure project spending

The Parliamentary Budget Officer (PBO) today released his latest report on the impact of the federal government’s $188 billion infrastructure package.

PBO releases updated scenario analysis of COVID-19 pandemic and oil price shocks

April 30, 2020, OTTAWA – The Parliamentary Budget Officer (PBO) today released an updated scenario analysis of the COVID-19 pandemic and oil price shocks to help parliamentarians gauge the potential impacts on the Canadian economy and the Government’s finances. 

PBO releases scenario analysis of COVID-19 pandemic and oil price shocks

The Parliamentary Budget Officer (PBO) today released his first scenario analysis of the COVID-19 pandemic and oil price shocks to help parliamentarians gauge the potential economic and fiscal implications.

Recent rail disruptions will cost the economy $275 million, says PBO

The Parliamentary Budget Officer (PBO) today released his estimate of the economic and financial impacts of the February 2020 disruption of rail transportation due to blockades of rail lines and other protests.